Construction Estimate Software Market Expected to Reach USD 3.361 Billion by 2032 | Growing at a CAGR of 8.60%

Market Research Future (MRFR) has published a cooked research report on the “Global Construction Estimate Software Market” that contains information from 2018 to 2032. The Construction Estimate Software market is estimated to register a CAGR of 8.60% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Construction Estimate Software market— AppliCad Public Company Limited; Autodesk Inc.; Blue Beam Software Inc.; Corecon Technologies, Inc.; Glodon Company Limited; Microsoft Corporation; PrioSoft Construction Software; RIB Software SE; Sage Group plc; and Trimble Inc.

Construction Estimate Software Market Highlights

The global Construction Estimate Software market is accounted to register a CAGR of 8.60% during the forecast period and is estimated to reach USD 3.361 billion by 2032.

Modern construction projects are often multifaceted, involving numerous variables, specifications, and materials. Construction estimate software provides a structured and efficient way to manage the intricacies of these projects by automating calculations, reducing human errors, and ensuring accurate cost estimations, which is critical for staying within budget and delivering projects efficiently. Additionally, there is a growing need for transparency and accountability in the construction industry, making software solutions that can document and audit cost estimations essential.

Segment Analysis

The global Construction Estimate Software market has been segmented based on software license, deployment and end-use.

On the basis of software license, the market is segmented into Perpetual License, Subscription License and Others. The subscription license segment was attributed to holding the largest market share in 2022, as it offers flexibility and cost-effectiveness.

Based on deployment, the global Construction Estimate Software market has been segmented into Cloud and On-Premise. The cloud segment was expected to hold the largest market share in 2022 due to its inherent advantages for modern construction professionals.

Based on end-use, the global Construction Estimate Software market has been segmented into Architects & Builders, Construction Managers, Contractors and Others. The architects & builders segment was expected to hold the largest market share in 2022 due to their pivotal role in shaping and initiating construction projects.

Regional Analysis

The global Construction Estimate Software market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Construction Estimate Software market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Construction Estimate Software market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Construction Estimate Software market comprises the Middle East, Africa, and Latin America.

The largest market share for Construction Estimate Software was maintained by the North American regional sector. This increase is attributed to the region's highly developed construction industry, which places a strong emphasis on efficiency, accuracy, and compliance with rigorous regulatory standards. North American construction professionals are early adopters of technology, and the demand for digital solutions to streamline the complex estimation process is substantial. Additionally, the region's focus on sustainability, environmental standards, and its commitment to delivering high-quality construction projects further solidify the importance of construction estimate software.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for Construction Estimate Software is driven by the region's growing emphasis on digitalization, improving construction efficiency, and stringent adherence to quality and budget standards, which has led to a significant demand for accurate and advanced software solutions that enhance cost estimation and project management.

Additionally, Asia-Pacific is anticipated to experience the quickest growth over the forecast period due to the region's booming construction industry, characterized by rapid urbanization, infrastructure development, and a surge in construction activities. As construction professionals in Asia Pacific seek more efficient and accurate ways to manage their projects, construction estimate software is increasingly in demand to optimize cost estimation, project management, and communication, aligning with the growing emphasis on modern construction practices in the region.

Furthermore, the rest of the world's Construction Estimate Software market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's growing construction and infrastructure development activities, as well as the increasing demand for efficient project cost estimation and budget management in response to expanding urbanization and development initiatives.

Key Findings of the Study

• The global Construction Estimate Software market is expected to reach USD 3.361 billion by 2032, at a CAGR of 8.60% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the region's booming construction industry, characterized by rapid urbanization, infrastructure development, and a surge in construction activities.


• Based on software license, the subscription segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.


• AppliCad Public Company Limited, Autodesk Inc., Blue beam Software Inc., Corecon Technologies, Inc., Glodon Company Limited, Microsoft Corporation, PrioSoft Construction Software; RIB Software SE, Sage Group plc, and Trimble Inc. are the key market players.